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  3. an xbox depreciates in value, which means that its

An Xbox depreciates in value, which means that its value becomes less and less as...

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An Xbox depreciates in value, which means that its value becomes less and less as time passes. Your new Xbox is worth $500 at the moment and its value drops approximately 4% each year. Use your equation to find out how much your Xbox will be worth in 7 years.

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